8931 La Serena Drive, Fair Oaks, CA 95628, Fair Oaks, 95628 - 3 bed, 2 bath
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8931 La Serena Drive
Fair Oaks, CA 95628
PENDING
CONDITION: GOOD
3Beds
2Baths
1,691Sq Ft
11,761Lot Size
Property Price
LIST PRICE$649,999
EST. MARKET VALUE
$666,796
SUMMARY
This Spacious Single Family Residence is a Prime Investment Opportunity, listed at $649,999—positioned well below the $666,797 Fair Market Value by 2%. This valuation gap offers $16,798 in Instant Equity. Featuring a private pool, large corner lot, and a Condition Rating of 3, the home offers immediate livability with potential for cosmetic modernization. Located near Bella Vista High School, this property balances lifestyle appeal with financial upside, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$666,796
Based on Realkey algorithm analyzing recent comparable sales in Fair Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8931 La Serena Drive Subject | $649,999* List Price | 3 | 2 | 1,691 | $394 | - |
A 4454 Las Encinitas Drive Sold | $545,000 | 3 | 2 | 1,296 | $421 | 0.2 mi |
B 4460 La Mirada Cir Sold | $660,000 | 3 | 2 | 1,649 | $400 | 0.4 mi |
C 8757 Sharmead Way Sold | $750,000 | 4 | 3 | 2,100 | $357 | 0.5 mi |
D 8901 Cedarvillage Drive Sold | $640,000 | 4 | 2 | 1,726 | $371 | 0.6 mi |
E 4586 Wawona Circle Active | $629,900 List Price | 3 | 2 | 1,908 | $330 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1964, the property has undergone significant renovations likely within the last 5-15 years. The kitchen features updated stone countertops, and the bathrooms have been modernized with newer vanities and tile work. The home is well-maintained with contemporary flooring and paint, appearing fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1691.
- Outdoor Living & Recreation
The property features a private swimming pool and a generous 11,761 sqft corner lot with dedicated gardening spaces, offering an exceptional outdoor lifestyle for families.
- Prime Location
Ideally situated near the American River Bike Trail and Lake Natoma, providing easy access to premier recreation and highly-rated schools like Bella Vista High.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1964, the property may require capital improvements or updates to major systems to align with modern energy efficiency and building standards.
- Potential for Modernization
While well-appointed, the home likely requires cosmetic updates to the kitchen and bathrooms to compete with newer or fully renovated residences in the area.
About 8931 La Serena Drive
Welcome to Fair Oaks! This beautiful 3 bedroom, 2 bath home is just what you've been looking for. The spacious layout offers endless possibilities. The family room makes a great place to gather with family and friends. The well appointed kitchen has plenty of cabinet space for all your things. Relax and unwind in the large living room or step outside and take a cooling dip in your own private pool. There are gardening spaces throughout the property to grow your own veggies, plant pollinators or just enjoy this spacious corner lot. This home is conveniently located close to Lake Natoma, the American River Bike Trail, neighborhood and community parks, schools, shopping and so much more. You're going to love living here!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fair Oaks Unified Schools
Twin Lakes Elementary School
Grades K-6 • 1.7 mi
6/10
Harry Dewey Fundamental Elementary School
Grades K-6 • 4.2 mi
7/10
Andrew Carnegie Middle School
Grades 6-8 • 1.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,691 | 1,912.5 |
| Lot Size | 11,761 | 10,514.569 |
| Price | $650.0K | $656.6K |
| Price per sq ft | $384 | $347 |
| Built year | 1964 | 1978 |
| HOA | $0 | $387 |
| Days on market | 19 | 41 |
Pricing History
Listed for Sale
Aug 21, 2026
$649,999
Initial Listing
Sold
Feb 24, 2016
$197,000
Public Record
Sold
Nov 8, 2010
$263,500
Public Record
Sold
Jan 9, 2006
$404,500
Public Record
Sold
Jan 11, 2005
$385,000
Public Record